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Facebook Revenue

Facebook Revenue 2008-2018

 

The following table shows the revenue of Facebook from 2008-2017 in Million Dollars.  

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The revenue of Facebook has increased more than five times during the last five years. In 2017, the rand continued to focus on its three main priorities – increasing the use of its mobile products, developing innovative ad products to increase the efficiency of ad campaigns and making its advertisements more effective through the use of targeting capabilities. Its revenue nearly grew 150% from 2016 to 2017. There was a 47% growth in revenue from 2016 to 2017. In 2017, its revenue reached 40.65 Billion USD rising from 27.63 Billion USD. Its  ad revenue in 2017 was 39.94 Billion which was 49% higher than previous year.

Facebook’s winning spree has continued in 2018. During the first quarter, its revenue reached 11,966 Billion dollars and advertising revenue was 11,795 Million USD. In the same period last year, its total revenue was $8032 million dollars.

Sources:

Facebook Annual reports

 

Written by Abhijeet Pratap

Abhijeet has been blogging on educational topics and business research since 2016. He graduated with a Hons. in English literature from BRABU and an MBA from the Asia-Pacific Institute of Management, New Delhi. He likes to blog and share his knowledge and research in business management, marketing, literature and other areas with his readers.

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